of 3 ped ook rint rences Required Information Problem 7-3A (Static) Aging accounts receivable and accounting for bad debts LO P2, P3 [The following Information applies to the questions displayed below.] On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500 Jarden prepares a schedule of Its December 31 accounts receivable by age. Accounts Receivable $ 830,000 Age of Accounts Receivable Not yet due Expected Percent Uncollectible 1.25% 254,000 86,000 1 to 30 days past due 2.00 31 to 60 days past due 6.50 38,000 12,000 61 to 90 days past due 32.75 Over 90 days past due 68.00 Problem 7-3A (Static) Part 1 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable. Accounts Receivable Percent Uncollectible (#.##%) Estimated Uncollectible Not due: 1 to 30: X 31 to 60: 61 to 90: Over 90: Estimated balance of allowance for uncollectibles $ 0